A lot of land is bought with a plan attached: a home in retirement, a place for the kids, something to build on eventually. Plans change. When they do, the land often stays, and it can sit for years holding money that could be working for you somewhere else.
Taxes and upkeep on vacant land are usually modest. The larger cost is what the land is not doing for you. If the plan behind it has ended, it may be worth finding out what the land would bring today.
The plan you bought the land for has changed, or is not going to happen.
You inherited land you do not intend to use, and would rather have the money.
The money tied up in the land would do more for you somewhere else.
You would rather stop paying taxes and upkeep on land you do not visit.
Listing with an agent feels uncertain, and you want to know where you stand.
You want someone who will give you a realistic answer about your land.
Is selling land profitable? Can I sell my land privately? What is my land worth? Land sellers often ask us these questions. To achieve positive answers, you need to avoid common land-selling mistakes, such as:
You need to spend significant time contacting people and showing them your land.
You need to market your property correctly and know how to negotiate.
You need to make sure you close legally and complete all required paperwork.
You’ll have marketing expenses to reach potential buyers of your vacant land.
Waiting years for a plan that has already changed.
Pricing the land from online estimates of cleared, build-ready lots nearby.
Letting title problems, like an unsettled estate, sit until a buyer finds them.
Assuming the land is costing nothing because the tax bill is small.
We would rather tell you now than waste your time.
- Your land is inside an HOA. We generally do not buy land in a homeowners association.
- It is a small lot in town. We mostly buy rural and semi-rural land of about 3 acres and up.
- The land still fits your plans. If it earns its keep through timber, a hunting lease or farming, and you are glad to own it, keeping it may be the right call.
If none of those fit, we would like to hear about your land.
